Save Article

Euro-Zone Inflation Edges Up
But Stays Below 2% Ceiling

BRUSSELS -- Euro-zone inflation edged up to an annual rate of 1.9% in July from June's 1.8%, according to data released Monday by the European Union statistics agency Eurostat.

Economists had forecast July annual inflation to run at 2%, saying an upward revision of German consumer prices would push up the overall euro-zone figure. But surprising slowdowns in French and Spanish inflation, as well as declines in Irish and Greek consumer-price rises, offset the German increase.